YEARBOOK & DIRECTORY

The Yearbook & Directory of Ireland's international financial services industry
Friday, 25th June 2021

Colleran, John-Hugh


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Firm: Dillon Eustace
Position: Partner, Banking and Finance
Address: 33 Sir John Rogerson's Quay Dublin 2
Phone: + 353 1 673 1731
Fax: + 353 1 667 0042
Email: JohnHugh.Colleran@dilloneustace.ie
Personal URL: http://www.dilloneustace.ie/Our-People/John~Hugh-Colleran

Special Areas:

John-Hugh joined Dillon Eustace in 2013 and became a partner in 2015. John-Hugh advises domestic and international financial institutions and corporates on a broad range of banking and finance transactions, including secured and unsecured financings, bilateral and syndicated lending, security and inter-creditor packages, tax based lending structures, acquisition finance, general corporate lending and restructures. He also advises on disposals and acquisitions of distressed assets, acting for vendors, purchasers and financers. John-Hugh has considerable experience in reviewing loan and security documentation for financial institutions and purchasers/servicers of Irish loan books, and advising them on restructuring, rectification and enforcement and recovery options.

Before joining Dillon Eustace, John-Hugh worked with an international bank on transactions and new products for its wholesale lending and structured finance teams, including advising on participations in syndicated facilities, large and mid-cap corporate loans and invoice discounting and receivables purchases. This role also involved significant involvement in restructuring and enforcement in relation to a large book of non-performing loans. Prior to that, John-Hugh worked with a top tier Irish law firm.

Projects:

An international bank on a project involving five separate high value re-financings of loan facilities to a leading global investment fund manager in respect of the acquisition of five loan books secured primarily on Irish commercial real estate.
An international bank on a €22 million loan facility to a sub-fund in an Irish ICAV platform for the acquisition of a high profile investment property comprising four office blocks in south Dublin.
NAMA as a lead partner on the Project Gem loan sale of a distressed loan portfolio secured over Irish commercial and residential property assets as well as assets in other jurisdictions, including the UK, the US and Germany. Project Gem was reported to have a par value of around €3bn.
NAMA as a lead partner on the Project Emerald/Ruby loan sale of loan assets, secured over Irish commercial and residential property, with a reported par value of €4.7bn.
Allied Irish Banks, p.l.c. on a range of lending transactions, including: property acquisition deals; acquisitions of hotels and public houses; financing the acquisition/expansion of nursing homes; financing of shopping centres, and lending to borrowers in various sectors including food & agriculture and manufacturing.
An international bank, as the arranger/lender, on the financing of the acquisition from Permanent TSB of a portfolio of non-performing loans secured on Irish commercial and residential property, with a par value of c. €500m.
An Irish QIAIF on its loan facility from Ulster Bank for approx. €19m in for its acquisition of a high value industrial premises in Dublin.

Qualifications:

Trinity College Dublin and the Law Society of Ireland

Memberships:

John-Hugh lectures and tutors with the Law Society of Ireland and regularly gives presentations to bankers and banking lawyers. John-Hugh is also admitted to the Roll of Solicitors in England and Wales.